EDF Renewables, a global renewable energy pioneer, and OVHcloud, a European cloud solutions provider, have signed their first renewable power purchase agreement. The 15-year agreement involves the delivery of electricity from a 50 MW solar power plant in France that EDF Renewables will build, own, and operate.
Under the terms of the agreement, OVHcloud will receive competitively priced renewable energy to power a number of its data centres in France, which now total 16, spread across four locations. It will contribute to OVHcloud’s objective of acquiring 100 per cent of its electricity from renewable sources by 2025. In the last three years, EDF Renewables has signed nine renewable power purchase agreements with enterprises in France.
In October 2021, EDF Renewables sold a 49 per cent stake in its Blyth offshore wind farm to Malaysian utility, Tenaga Nasional Berhad (TNB). The farm is located in north east England. Under the agreement, TNB shall own the minority stake in Blyth Offshore Demonstrator Limited (BODL) through its wholly-owned subsidiary, Vantage RE.
EDF Renewables is an international leader in renewable energies, with gross installed capacity of 13.8 GW worldwide. It operates mostly in Europe and North America but is continuing to grow by moving into promising emerging regions such as Brazil, China, India, South Africa, Australia and the Middle East.